The Ulu Team

$615,000

87-126 Kulapa Place

MAILI · Waianae · 96792 · MLS 202612461

  • 4beds
  • 3baths
  • 1,335living sqft
  • Condotype

SHORT SALE APPROVED! Situated in the charming Sea Country community of Waianae, this short sale presents an exceptional opportunity for buyers eager to renovate a property with untapped potential. Sold As-Is, the home boasts 27 photovoltaic panels and 2 TESLA backup batteries, significantly reducing energy expenses while ensuring power during outages. Please note there is an existing PV loan that the buyer must assume as part of this short sale transaction. This residence is located near Hawaii's stunning natural attractions, including Makaha Beach, Yokohama Bay, and Ka'ena Point. Embrace a lifestyle of coastal recreation and scenic hiking, perfect for those who appreciate the outdoors. Whether you are a first-time buyer or a savvy investor, this property offers a canvas to create your dream space steps from the ocean. This Fee Simple home is a valuable opportunity in a location combining relaxation and adventure. Don’t miss this chance to transform your vision into reality! Property features include a community pool and playground. Please include the Short Sale Agent Guideline (supplement) with all offers.

Building & interior

Condition
Average Condition
Living area
1,335 sqft
Total area
1,365 sqft
Lot size
3,940 sqft
Year built
1994
Renovated
2003
Stories
Two
Parking
2 stalls · Garage · Two Car Garage · Two Spaces
View
Mountains · Sunset · Sunrise

HOA & monthly fees

Association fee
$70/mo
Total monthly fees
$70/mo
Community / association
Maili Kai II
Owner-occupancy
Vacant-occupied

Construction & features

Flooring
Vinyl
Construction
Double Wall
Roofing
Asphalt · Shingle
Foundation
Slab
Topography
Level
Lot features
Cleared · Cul De Sac · Level · Zero Lot Line
Utilities
Electricity Available · Underground Utilities
Security
Key Card Entry
Fencing
Fenced · Wall

Tax & assessment

Annual property tax
$2,052/yr
Tax year
2025
Assessed — total
$702,300
Assessed — land
$426,200
Assessed — improvements
$276,100
TMK
1-8-7-040-182-0000
Zoning
05 - R-5 Residential District
Land tenure
Fee simple
Financing accepted
Cash · Conventional · Va Loan
Disclosures
Lender Approval Required · Seller Disclosure

Price history

Original list
$615,000
Current
$615,000

What's included

  • AC Window Unit
  • Auto Garage Door Opener
  • Ceiling Fan
  • Chandelier
  • Dishwasher
  • Microwave
  • Photovoltaic - Owned
  • Range Hood
  • Range/Oven
  • Refrigerator

Listed by Team Lally

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

Before you offer

Ask us what it’s actually worth.

We’ll pull the comparable sales on this street and tell you where this price really sits — before you write.